Richard D. Wolff is an American Marxist economist. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School in New York.
By Paddy Quick, It is important to distinguish between “trade” policy, i.e. policy that focuses on imports and exports (e.g. through tariffs and quotas) and the so-called “trade pacts” such as the WTO, NAFTA, and the (now-rejected) Trans-Pacific Partnership (TPP). The latter are in fact mainly designed to “open” countries to the capital of multinational … More Trump’s Trade Policy & How to Respond to It
By Joseph E. Stiglitz. From W.W. Norton: In this crucial expansion and update of his landmark bestseller, renowned economist and Nobel Prize winner Joseph E. Stiglitz addresses globalization’s new discontents in the United States and Europe. Immediately upon publication, Globalization and Its Discontents became a touchstone in the globalization debate by demonstrating how the International … More New Book: Globalization and Its Discontents Revisited – Anti-Globalization in the Era of Trump
By Richard D. Wolff, US capitalism is again careening down blind alleys. Earlier it had crashed into the Great Depression from 1929 to 1933 before lurching into the New Deal. After 1945 it concentrated on rolling back the New Deal until it turned sharply to neoliberalism and “globalism” in the 1970s. That provided the comforting … More The Political Economy of Obama/Trump
by John Bellamy Foster with a foreword by Robert W. McChesney. From Monthly Review Press: Remember that metaphor about the frog that slowly cooks to death in the pot of increasingly warm water? Leftists have used it for years to describe how people can accept dwindling health care, fading job opportunities, eroding racial and gender … More New Book: Trump in the White House – Tragedy and Farce
Edited by Edward Fullbrook and Jamie Morgan. From WEA Books: Two things seem generally agreed about Donald Trump’s election as President of the United States: it is, for good or for bad, potentially a major historical turning point and its most important determinant was the economic reality experienced today by the majority of Americans. Given … More New Book: Trumponomics – Causes and Consequences
by Michael Zweig Rather than speaking of the working class in terms that reduce it to only categories of race and gender, the emerging field of working-class studies is settling on definitions of class that are rooted in the power relations established in production, extending outward into politics and culture.1 In this view, working-class people … More White Working-Class Voters and the Future of Progressive Politics